SOURCE: Meryllion Resources Corporation

Meryllion Resources Corporation

November 14, 2014 16:30 ET

Director and CEO Resigns

VANCOUVER, BC--(Marketwired - November 14, 2014) - Meryllion Resources Corporation ("Meryllion" or the "Company") (TSX VENTURE: MYR). The Board of Directors of the Company announces that Mr. Terry Krepiakevich has resigned as a member of the Board of Directors. Mr. Krepiakevich will also resign as the Company's Chief Executive Officer after a short period to ensure an orderly transition. David Birkenshaw, Chairman of the Company's Board, will take on the duties of Chief Executive Officer.

Mr. Krepiakevich is stepping aside from Meryllion to concentrate on other business and philanthropic initiatives. "We thank Terry for all his hard work with Meryllion, his self-sacrifice and dedication to the company and his willingness to put the Company's interests above his own," commented Mr. Birkenshaw. "We wish him well in all his future endeavors."

As the Company moves forward, it is with the full understanding and acknowledgement that the industry, even during a period of unprecedented downturn, presents remarkable opportunities for acquisition and consolidation. Meryllion is poised to evaluate all appropriate opportunities and take full advantage of what the market has to offer given its desire for continuing growth and expansion.


Meryllion is a natural resource company engaged in the acquisition and exploration of resource properties in South America.

This press release contains forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

There can be no assurance that any forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader should not place any undue reliance on forward-looking information or statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date of this document or to revise them to reflect the occurrence of future unanticipated events.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

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